Creditreform Germany reported revenue growth of 1.1% to Euro 493.6 million (vs Euro 488.2 million 2011). Consolidated revenues (including Central and Eastern Europe) revenues grew 1.2% to Euro 550.8 million.
Uwe von Padberg, President of Creditreform stated that Creditreform’s business is characteristically stable, notwithstanding the general economic volatility. During the past 10 years its revenues have grown at a steady pace by Euro 130 million, while experiencing a boom and bust cycle during that period. The results reflects the solidity of the Creditreform Group as a trustworthy supplier of critical information services.
Source: Creditreform Annual Report 2012/13